Lithium sup­ply set to ex­plode

The Australian Mining Review - - NEWS - EL­IZ­A­BETH FABRI IN­TER­NA­TIONAL

GLOBAL lithium sup­ply is set to triple over the next four years with the lions share mined in Aus­tralia, ac­cord­ing to Glob­alData re­search.

The data and an­a­lyt­ics firm said 86,000 tonnes of new lithium ca­pac­ity will come on­line un­til 2022, with Aus­tralia ac­count­ing for 37 per cent of sup­ply fol­lowed by Ar­gentina (29 per cent), Canada (16 per cent), Chile (9 per cent), the US (6 per cent), and Mex­ico (4 per cent).

“Af­ter mod­er­ate growth in lithium sup­ply between 2010 and 2017 of 6.4 per cent per an­num, global out­put is ex­pected to triple between 2018 and 2022 to reach 154,000t (metal con­tent), as 86,000t of new metal ca­pac­ity comes on stream to meet the in­creas­ing de­mand for the metal for use in bat­ter­ies in elec­tric ve­hi­cles and smart­phones,” Glob­alData min­ing an­a­lyst Sameer Chakravarthy said.

WA pro­duc­tion is ex­pected to ex­plode in com­ing years with ramp up at Pil­bara Min­er­als and Al­tura Min­ing’s Pil­gan­goora projects and Tawana Re­sources’ Bald Hill mine, an ex­pan­sion at Tal­i­son Lithium’s Green­bushes mine, and mine open­ings at Min­eral Re­sources’ Wodg­ina and Kid­man Re­sources’ Mt Hol­land projects.

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